Things look rosy on the outside or they are portrayed to be rosy to the outside world. By portraying so, the inner rottenness can be concealed from the outside world.
Some governments run their economies in the same manner too. Only the top echelon in the policymaking bodies in these governments are privy to the actual workings of their economies. The information and the figures concerning the real state of their economies remain at the top.
If the information and the figures of an economy are really good, they can be revealed to the general public and the investors. The economy prospers.
If the information and the figures of an economy are really bad, they can be suppressed or tampered with so as not to create a panic among the general public and chase away the investors. The economy may experience turbulence or even collapse altogether.
What if the information and the figures about an economy keep getting worse by every quarter? No matter how good the members of the top policymaking body in a country try to suppress or tamper with the information and the figures, they will finally have to tell the truth to everyone as hiding that information can trigger something even worse for the economy later on. No matter how good a maestro is in his calling, he still has to admit his failings sometimes.
Governments have an obligation to tell the real truth about the performance of their economies. They cannot keep it under wraps for long. They have to say the truth as it is. If it means the introduction of austerity measures spanning all vocations in the land, massive cuts in operating expenditures and large-scale job cuts, so be it. If the economy needs to be trimmed to stay lean and mean for the long run, so be it.
Get the real picture?